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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Peter Nilsson +47 94 84 08 50
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Kitron GmbH

Kitron: Q4 2014 - Initiatives yield improved profitability

(PresseBox) (Großbettlingen, )
Kitron ASA today reported improved profitability for the fourth quarter 2014, demonstrating that cost initiatives are yielding results. The board also proposes to resume paying a dividend.

Kitron's revenues amounted to NOK 476 million, unchanged from the fourth quarter of 2013. Operating profit (EBIT) was NOK 14.3 million, compared to 4.3 million last year. In the fourth quarter, one-off costs of NOK 6.9 million were booked, compared to one-off costs of 8.7 million in the fourth quarter of 2013.

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